Sentences with phrase «fraud involving millions»

Former Ince & Co partner Andrew Iyer has been jailed for four years and eight months following allegations of fraud involving millions of pounds of client money.

Not exact matches

In criticizing the Verizon settlement, Clyburn pointed to a case last year under former chairman Wheeler involving fraud by a small company called Total Call Mobile that collected $ 39 million from the universal service fund.

One of Trump's real - estate advisers in the early 2000s, the Russia - born businessman Felix Sater, was accused nearly two decades ago of being a co-conspirator in a $ 40 million fraud and money laundering scheme involving four Mafia families.

Siskey, 58, took his own life in December 2016, shortly after public filings alleged he was involved in fraud, costing investors millions.

Valeant's denouement included a tense Senate hearing; the departure of Pearson, once the highest - paid chief executive in Canada, at $ 182.9 million; criminal charges involving fraud; and kickbacks involving the mail - order pharmacy.

Court papers say the charges announced Thursday come from «two overlapping criminal schemes involving bribery, corruption, and fraud in the award of hundreds of millions of dollars in State contracts and other official State benefits.»

The complaint says that the men were involved in «two overlapping criminal schemes involving bribery, corruption and fraud in the awarding of hundreds of millions of dollars in state contracts and other official state benefits.»

Now his office will soon begin what is known as a forensic audit to determine whether fraud or any other illegality was involved in the hundreds of millions of dollars in overtime paid by the Metropolitan Transportation Authority over the past few years.

Appearing on the Brian Lehrer Show on WNYC, the liberal Democratic prosecutor noted that he was the only state official involved in the suite of fraud suits against the Trump University program, which wrung a $ 25 million settlement from the Republican leader just days after his election to the highest office in the land.

Former Oyster Bay Town Supervisor John Venditto was hit with a superseding indictment that includes more than 20 new federal criminal charges involving securities fraud in the issuance of the town's public offering of hundreds of millions of dollars in securities between 2010 and 2016.

Joseph Percoco, a former top aide and confidant of Cuomo, as well as SUNY Polytechnic Institute's founding President and CEO Alain Kaloyeros and officials at some of upstate New York's most prominent development firms were charged in a federal complaint with allegedly engaging in two overlapping schemes involving bribery, corruption and fraud in the award of hundreds of millions of dollars in state contracts and other official benefits.

In March 2009, Ellner was indicted along with former Suffolk County legislator George Guldi, lawyer Dustin Dente, Donald MacPherson and his wife, Carrie Coakley, on charges of running an $ 82 million mortgage fraud scheme that involved dozens of Hamptons properties.

Silver is scheduled to go on trial next week on seven charges of mail fraud, wire fraud, money - laundering and extortion connected with what the indictment terms «monetary transactions involving criminal proceeds» of at least $ 4 million.

Landlord Mark Benun was sentenced Friday in Manhattan Federal Court to 51 months in prison for a mortgage fraud scheme involving the sale of a $ 5.9 million commercial property at 67 - 79 East 161st Street near Yankee Stadium in the Highbridge neighborhood of the Bronx, according to federal prosecutors.

Seabrook was convicted in 2012 in a brazen fraud scheme involving more than $ 1 million in taxpayer money.

Manhattan U.S. Attorney Preet Bharara has announced charges against 14 defendants in a $ 58 million mortgage fraud scheme involving Long Island - based mortgage broker First...

The eight - count trial Bruno faced cost the defense about $ 2 million, he said, and a potential second trial would likely be shorter and more compact, involving fewer fraud charges.

It might be able to reduce fraud involving cash machines and credit cards, which major banks say costs them # 165 million annually.

The agency also proposed a rule that would require banks to hold up to $ 2.5 million in capital that they can use to repay the agency for losses if they were involved in fraud.

I've advised private equity groups who manage hundreds of millions of dollars and have been involved with several fraud AND money laundering investigations.

Marc Dreier: $ 10 Million Gagosian Client; Image via AP Larry Gagosian may be hurting, due to a court order involving alleged fraudster Allen Stanford, however things could be even worse as it turns out Marc Dreier, the powerful attorney indicted on fraud charges totaling nearly $ 700 million, is a substantial client of Larry Gagosian aMillion Gagosian Client; Image via AP Larry Gagosian may be hurting, due to a court order involving alleged fraudster Allen Stanford, however things could be even worse as it turns out Marc Dreier, the powerful attorney indicted on fraud charges totaling nearly $ 700 million, is a substantial client of Larry Gagosian amillion, is a substantial client of Larry Gagosian as well!

Marc Dreier: $ 10 Million Gagosian Client; Image via AP Larry Gagosian may be hurting, due to a court order involving alleged fraudster Allen Stanford, however things could be even worse as it turns out Marc Dreier, the powerful attorney indicted on fraud charges totaling nearly $ 700 million, is a substantial client of Larry Gagosian as -LMillion Gagosian Client; Image via AP Larry Gagosian may be hurting, due to a court order involving alleged fraudster Allen Stanford, however things could be even worse as it turns out Marc Dreier, the powerful attorney indicted on fraud charges totaling nearly $ 700 million, is a substantial client of Larry Gagosian as -Lmillion, is a substantial client of Larry Gagosian as -LSB-...]

Certainly with a system involving tens of millions of consumer transactions, there could be a lot of potential for fraud, illicit carbon permits, as well as black - market fuel, all of which could be socially divisive.

Rather than celebrating its status as # 1m - a-head revenue generators, the SFO should perhaps be actively piercing the corporate veil in serious fraud to get to the men and women responsible for committing serious crime involving millions of pounds.

I am home from the terrific Miami FSG conference (kudos to everyone involved), and on the way I was thinking about Judge Rakoff's decision this past week to give an enormous variance — the largest I have seen — to a corporate president who apparently faced a life sentence under the guidelines after a fraud conviction that resulted in $ 260 million in losses (basics here).

Mercuria Energy Trading v. Citibank: instructed by Stephenson Harwood to represent Mercuria in expedited Commercial Court proceedings concerning so - called «obligated repo» transactions involving the sale and repurchase of large quantities of metal supposed to be stored in warehouses in the Chinese ports of Qingdao and Penglai and defending a US$ 270 million counterclaim brought against Mercuria by Citibank following the discovery of an apparent large - scale fraud at the ports.

Representation of minority shareholders in home healthcare franchising companies in various state court litigation involving breach of fiduciary duty, breach of a shareholders» agreement, fraud and other tort claims, including successfully prosecuting charges for violation of court orders freezing millions of corporate funds, resulting in a civil contempt judgment that included a jail sentence.

Law enforcement officials began their crackdown on Medicare fraud earlier in the year with a mix of provider convictions and settlements involving roughly $ 3 million dollars.

US fraud litigation, ongoing Representing a major Korean bank in a high stakes US litigation involving tens of millions of dollars based on business torts claims.

$ 17 million design defect, professional negligence and fraud claim brought by Premier Air and United States Aviation Underwriters involving the collapse of an airport hangar during a storm at the St. Louis Regional Airport in, Illinois which damaged two private jets.

$ 93 million breach of contract, professional negligence, misrepresentation and fraud claim brought by the Bi-State Development Agency involving the design and construction of a light rail extension in St. Louis, Missouri.

For example, Jarod Bona recently first - chaired a trial victory involving fraud and related claims with up to $ 2.5 million at stake.

In 2006, Mr. Fenster obtained a $ 4 million jury verdict and successfully defended all counterclaims after a 5 week jury trial in a trade secret / fraud case involving after - market video game accessories.

Large claim for fraud arising out of the Kuwait shipping industry involving claims of US$ 150 million plus

$ 45.6 Million Jury Verdict for legal malpractice, fraud, and breach of fiduciary duty involving concealment of conflict of interest in a real estate transaction.

We acted for a liquidator of a leisure company with multiple sister companies which had engaged in a complex million pound asset - stripping fraud involving many transactions and parties.

Bank of America: $ 25 million; March 2012 BofA in February agreed to pay fines to settle a federal probe of alleged underwriting and mortgage fraud involving subsidiary Countrywide Financial.

Tenet: $ 8.1 million; January 2004 Two whistleblowers responsible for having told the FBI they believed physicians at a Tenet hospital in Redding, Calif., were performing unnecessary cardiac procedures, shared a reward of $ 8.1 million, their percentage of a $ 54 million settlement — a record amount for a fraud allegation involving a single hospital, according to Modern Healthcare.

This could save the Swedish taxpayer over $ 100 million ($ 106 million) a year by eliminating paperwork, reducing fraud, and speeding up transactions, according to an estimate by the consultancy Kairos Future, which is also involved in the project.

The Law Society of British Columbia, after four years of investigations, recently approved $ 32.5 million in payments to cover a multi million - dollar real estate fraud case involving Vancouver lawyer Martin Wirick.

This could save the Swedish taxpayer over $ 100 million a year by eliminating paperwork, reducing fraud, and speeding up transactions, according to an estimate by the consultancy Kairos Future, which is also involved in the project.

Lender Processing Services Inc. (LPS) agreed to pay $ 35 million to resolve criminal fraud violations involving fraudulently signed and notarized mortgage documents, the Justice Department announced last week.

The total fraud was calculated at more than $ 1 million, involving five financial companies that offer cash advances to real estate agents.

The alleged fraud involved illegally obtaining 35 mortgages that totaled more than $ 8.8 million from various lenders.

While the Bank of Montreal (BMO) claim of mortgage fraud losses of $ 30 million in Alberta has yet to be proven, Canada's real estate industry is distancing itself from the actions of individuals and companies involved.

Authorities charged 27 South Florida residents in a series of mortgage fraud schemes that involved $ 30 million in bad loans.